MINNEAPOLIS — Target Corp. said Thursday that it is boosting its minimum hourly wage from $12 to $13, beginning in June. Target has promised pay all its workers at least $15 an hour by the end of 2020. The company made that vow in 2017, when it raised its minimum hourly wage to $11. Last
NEW YORK — Target Corp. held a ribbon cutting this week for a store in the Kip’s Bay neighborhood of Manhattan. The outlet, which will officially open on Sunday, is the retailer’s fifth small-format store in Manhattan and its 78th store in the greater New York area. Target also opened two small-format stores this week
MINNEAPOLIS — Target is teaming up with the casual apparel brand vineyard vines to offer a limited-edition collection of clothing, accessories and home goods. The line is set to debut in the retailer’s stores and on its website on May 18, and will be available through July 13, or while supplies last. Target has had
MINNEAPOLIS — Target Corp. has launched a bargain brand called Smartly, mostly featuring household products priced at $2 or less. The private label line comprises more than 70 items, including hand soap, paper plates, household cleaners and razors. Prices range from 59 cents to $11.99, but most items are under $2. “Over the past few
MINNEAPOLIS — Target Corp. is upping its delivery game as it vows to be the “easiest place to shop for the holiday season.” Target said Tuesday that it will become first retailer to offer same-day delivery and drive up service coast to coast. The retailer said its will also offer free two-day shipping to all customers,
MINNEAPOLIS — Target Corp. is taking aim at budget shoppers with a new bargain brand called Smartly, which will mostly feature household products priced at $2 or less. The owned brand line will initially comprise more than 70 items, including hand soap, paper plates, household cleaners and razors. Prices will range from 59 cents to
MINNEAPOLIS — Target Corp. on Wednesday posted a 6.5% comparable sales gain for its second quarter, driven by increased store traffic and online sales. That is the company’s biggest increase in more than a decade. Total company sales increased 7.0%, to $17.6 billion, and total revenues rose 6.9% to $17.8 billion. Target said its traffic
MINNEAPOLIS — Target Corp. announced that John Bauer will join the company as senior vice president, global inventory management. In this role, Bauer will lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation. He will report to Arthur Valdez Jr., Target’s executive vice president and chief supply chain officer. Bauer most
PLEASANT PRAIRIE, Wis. — The Blue Guard Eye Health supplement from Quest Products is now available at Target.com and in the eye care section at all Target stores nationwide. “With people spending more and more of their time looking at glowing screens on digital devices, we knew it was time for a product that protected
MINNEAPOLIS — Target Corp. has purchased online same-day delivery platform Shipt Inc. for $550 million. The discounter will leverage its store network and Shipt’s proprietary technology platform and community of shoppers to provide same-day delivery across the country. The acquisition will accelerate Target’s digital fulfillment efforts, bringing same-day delivery services to approximately half of its
MINNEAPOLIS — Target Corp. announced Wednesday that it has agreed to acquire the same-day delivery company Shipt Inc. for $550 million in cash. The retailer said Shipt’s technology platform and its community of professional shoppers, together with Target’s own network of stores, will allow it to quickly and efficiently phase in same-day delivery throughout the
MINNEAPOLIS — Target Corp.’s third quarter sales and earnings beat expectations, and the company said it is upbeat about its prospects for the holiday season. But the company’s fourth quarter profit outlook disappointed Wall Street, sending its shares down in early trading on Wednesday. Target forecast adjusted earnings of $1.05 to $1.25 per share for